Active Listing  ·  42 days on market

3205 Lookout Mountain Rd

Georgetown, TX 78628
$949,900
5 Bed 5 Bath 3,699 sqft $257/sqft Built 2026 0.27 acres 3-Car Garage Pool Wolf Ranch - 60'

MLS# 7223221 - Built by Drees Custom Homes - Feb 2027 completion! ~ GEORGETOWN, TX: Stunning 5 Bed,4.5 Bath New Home. Discover the Whitney, a luxury new construction home in Georgetown, Texas, designed to elevate everyday living with exceptional style, comfort and functionality. From the moment you enter, you'll be captivated by the dramatic curved staircase and grand foyer that set the tone for this impressive two-story home. The spectacular two-story family room is filled with abundant natural light from expansive windows, creating an airy and inviting atmosphere perfect for entertaining or relaxing. This spacious floor plan features five generously sized bedrooms, four full baths and a convenient powder bath, providing plenty of room for family, guests and flexible living needs. The gourmet kitchen seamlessly connects to the main living areas and offers the ideal space for gathering and making memories. Retreat to the luxurious primary suite, a private sanctuary featuring separate Yours and Mine walk-in closets, split vanities, a soaking tub and a spacious shower for a true spa-like experience. Thoughtfully designed with high-end finishes, energy-efficient features, and versatile living spaces, the Whitney delivers the perfect balance of luxury and practicality. Located in sought-after Georgetown, TX, near shopping, dining, parks and major employers, this beautiful new home offers the exceptional craftsmanship and timeless appeal today's homebuyers are searching for.

At $257/sqft, this home is priced 14% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3205 Lookout Mountain Rd, Georgetown, TX 78628

Property Details

Price $949,900
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,699 sqft
Lot Size 0.27 acres (11,935.44 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch - 60'
County Williamson
Zip Code 78628
$/sqft $257/sqft
Days on Market ,
HOA $560/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246386758
List Date September 10, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District ,

Luke Allen (TREC #788149) has deep knowledge of Georgetown and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Georgetown

Comparable Listings Right Now

Homes currently for sale in Georgetown with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2117 Crimson Sunset Dr
Wolf Ranch - 70'
$929,900 $284 4 bd / 5 ba 3,272 sqft , 2026-05-01
3308 Double Spur Trl
Wolf Ranch - 60'
$899,900 $312 4 bd / 3 ba 2,886 sqft , 2026-09-10
2016 Morning Mist Dr
Wolf Ranch - West Bend
$874,950 $214 5 bd / 5 ba 4,090 sqft , 2026-08-10
1805 Crimson Sunset Dr
Wolf Ranch - 60'
$859,900 $225 5 bd / 4 ba 3,830 sqft , 2025-08-12
3300 Double Spur Trl
Wolf Ranch - West Bend
$849,950 $209 5 bd / 5 ba 4,076 sqft , 2026-09-02

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,560/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$189,980
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,560
Principal + Interest−$5,184
Property Tax (~2.1% TX avg)−$1,662
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,682

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Georgetown, TX

Georgetown sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 20 min S
Apple Campus (Domain) 30 min S
Williamson County jobs hub 5-10 min

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 16, 2026.

📞 (254) 718-2567 [email protected] More about Luke →